-- Published: Monday, 7 July 2014 | Print | Disqus
Gold dropped $7.27 to $1312.33 at about 10AM EST, but it then rallied back higher for most of the rest of trade and ended unchanged on the day. Silver slipped to as low as $20.844 and ended with a loss of 0.52%.
Euro gold remained at about €970, platinum lost $4 to $1491, and copper climbed a penny to about $3.26.
Gold and silver equities fell over 1% in the first half hour of trade and remained near that level for the rest of the day.
There were no major economic reports today. Tomorrow brings JOLTS - Job Openings data and Consumer Credit.
Charts Courtesy of http://finance.yahoo.com/
Oil saw slight losses on the outlook for increased supplies.
The U.S. dollar index waffled near unchanged while the yen rose on speculation about interest rate moves.
Treasuries rose as the Dow, Nasdaq, and S&P dropped on worries about interest rates.
Among the big names making news in the market today were ADM and Wild Flavors, Expedia and Wotif, and Aristocrat and Video Gaming Technologies.
Koos Jansen: China's central bank doesn't buy gold on Shanghai exchange
Gold miners will return to net hedging in 2014, GFMS says
Central banks now rig all asset prices, Stockman says
France lashes out at dollar dominance in international transactions
London's scandal-hit gold price fixing under spotlight this week
Koos Jansen: China's half-year gold demand hits 947 tonnes
Central bank talk moves currencies now, not commodity prices
Activity from: 7/03/2014
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) AND Mexico Stock Exchange (BMV)
SPDR® Gold Shares
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.28: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,038.52: No change from yesterday’s data.
Eurasian’s (EMXX) optioned project, Goldcorp’s (GG) dividend, New Gold’s (NGD) updated mineral resource, Claude’s (CGR) record production results, AngloGold’s (AU) new CFO, and Avino’s (ASM) market offering were among the big stories in the gold and silver mining industry making headlines today.
1. Lake Shore
LSG +13.1% $1.04
AAU +2.11% $1.45
RBY +2.08% $1.47
ASM -8.79% $2.18
CDE -5.28% $8.79
NG -5.25% $4.15
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.
- Chris Mullen, Gold Seeker Report
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-- Published: Monday, 7 July 2014 | E-Mail | Print | Source: GoldSeek.com